BH Bank’s activity at the end of June 2020 was mainly characterized by an increase in interest income by 1.1% to 444 million dinars, against 439 million at the end of June 2019.
The bank emphasised that the indicators include products that may be revised downwards following the possible publication of a text relating to the accounting treatment and the decision authorising maturity deferral operations on loans to individuals.
The bank’s commissions paid by the bank fell by 12.1% to 47 million dinars, compared to 53.5 million a year earlier.
Interest charges fell slightly by 0.6% to reach 323.6 million dinars.
In this respect, the Net Banking Product (NBP) slightly decreased by 4.5 million dinars, or -2%, to reach 220.5 million dinars at the end of June 2020, against 225 million at the end of June 2019.
General operating expenses increased by 41.4% to reach 41.4 million dinars compared to 29.3 million dinars at the end of June 2019.
These expenses include the bank’s contribution for the fight against COVID-19 for an amount of 11.4 million dinars.
In addition, outstanding customer deposits fell by 0.21% to 7.12 billion dinars against 7.21 billion dinars at the end of June 2019.
As for the outstanding customer loans increased by 2.2% to reach 9.71 billion dinars.
Equity capital before result of the period increased by 142.2 million dinars, or 17%, to reach 981.3 million dinars, compared to 839.1 million at the end of June 2019.
